how did he manage the old economy? >> venezuela's economy grew. it had two contractions one during that maximalist oil strike that the opposition forced on the country which practically destroyed the economy back in first half of chavez's presidency. after 2008 and 2009. but it grew 5% last year. i mean what chavez did... one of the things that chavez did is he got state control of oil revenue once again. oil is now the property of the venezuelan state. it was semi-privatized prior. it would certainly allow for more redistribution. i mean it is the model that brazil is following. >> i'm not sure the brazillian oil company has supermarkets, greg. to the best of my knowledge it doesn't have hospitals, it doesn't have supermarkets or bakerees. >> but what's wrong with... so using oil money to subsidize... >> well, they subsidize gasoline to the tune of giving it away. gasoline for practical purposes. it got worse and worse because inflation kept going up. them didn't keep up with it. >> again, venezuelans themselves have consistently... >> that's the